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This study covers the medium and high voltage motors used in major end user industries such as minerals and mining, oil and gas, power, chemicals and petrochemicals, water and wastewater, and others. It discusses the drivers and restraints affecting the medium and high voltage motors market. The study provides the total market revenue forecasts til...

This deliverable focuses on the major trends in the machines industry, as companies look to identify and invest in areas that support energy savings. Many emerging developments aim to achieve a balance between efficiency and growth. In the IIoT era, manufacturers are looking to identify emerging industries to target that will likely become key cont...

This Frost Radar analyzes the industrial electric motors market. By definition, industrial electric motors are the electric motors used specifically for industrial applications such as power generation, oil and gas, transportation, water and wastewater, metals and mining, food and beverage, buildings, data centers, logistics, and others. Traction m...

17 Feb 2020  |  North America  |  Market Research

Electric Motors Market in North America, Forecast to 2024

Growing need for higher-efficiency motors, the electrification trend and growth in factory automation are the top market drivers

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This research presents the forecast scenario in the North American electric motors market from 2020 to 2024 –including sales by geographic regions, motor technologies, motor power ratings and major end-user industries. Geographic segments included are the United States and Canada. Motor technologies included are AC Induction/Asynchronous motor; A...